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oa Gas as a Raw Material for Future Petrochemical Industry
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, IPTC 2009: International Petroleum Technology Conference, Dec 2009, cp-151-00320
Abstract
Currently the petroleum-derived cuts are the dominant feeds for the petrochemical industry. However, a new situation<br>is being emerged, and the natural gas is coming into play. The rapid growth in the petrochemical/ polymer sector,<br>sensible decline in the world oil reserves, and increased crude oil price, are the reasons behind this evolution. This<br>perspective is much more evident in the Middle East region, where the abundant gas resources can readily be found.